Team8 has raised $365 million in new capital to invest in the next generation of AI-native enterprise companies, bringing the venture firm’s total assets under management to nearly $2 billion across eight funds. The new capital includes $265 million for Team8 Capital’s third fund and more than $100 million reserved for follow-on investments in portfolio companies where the firm has the highest conviction.
Fund III will focus on Seed and Series A companies across cybersecurity, software infrastructure, fintech and digital health, with an emphasis on businesses designed around artificial intelligence from the outset.
Team8 said its latest fund will target technologies enterprises increasingly need as AI adoption accelerates, including AI infrastructure, orchestration, identity, data and security.
The fund is led by Managing Partners Sarit Firon and Liran Grinberg alongside Partners Ori Barzilay and Hadar Siterman Norris.
Team8 said the fund recorded its first exit before reaching its final close following Palo Alto Networks’ reported acquisition of Koi Security in February.
The firm is raising the new capital as enterprises rapidly deploy AI systems and agents while security, governance and monitoring capabilities continue to develop.
A survey of 111 security executives conducted at Team8’s latest CISO Village Summit found that 97% of organizations had already begun adopting AI agents, while 80% were running agents in production.
Despite that level of deployment, respondents rated their confidence in their ability to secure AI at an average of just 2.32 out of 5.
Team8 views that disparity as an opportunity for startups developing infrastructure and cybersecurity technologies that can help companies deploy AI more securely and reliably.
Beyond providing capital, Team8 offers portfolio companies access to its company-building platform, which includes market validation, enterprise relationships and support spanning company formation, go-to-market strategy, recruiting and growth.
The firm has more than 90 in-house company builders and a network of hundreds of executives from Fortune 500 and other global companies through its Village communities.
Team8 invests in early-stage companies and also works with founders to create new businesses from the ground up. Its primary areas of focus include cybersecurity, enterprise and AI infrastructure, fintech and digital health.
KEY QUOTES:
“AI is fundamentally rewriting the economics of company building. Developing breakthrough technology has never been easier, building a company that endures has never been harder.”
“As AI capabilities continue to evolve at a pace none of us has seen before, competitive advantage won’t come from the model underneath a product. It will come from solving fundamental enterprise problems that stay relevant across technology cycles.”
“That’s exactly where we believe the next generation of category-defining, AI-native companies will be built, and it’s exactly where our enterprise Village communities and our go-to-market, recruiting and AI teams give founders an edge nobody else can offer.”
Sarit Firon, Managing Partner at Team8
“Our new fund investors aren’t just backing a track record, they’re backing Team8’s ability to spot the enterprise problems that matter years before everyone else, and to turn that insight into companies that define entire categories.”
“We built this firm on the belief that broad and deep context, not capital, is the scarcest resource at the earliest stage of a company’s life.”
“As AI accelerates change and creates real uncertainty across every enterprise, we’re more convinced than ever that the biggest opportunities sit in the software infrastructure and cybersecurity layers that let enterprises adopt this technology with confidence.”
Liran Grinberg, Co-Founder and Managing Partner at Team8
